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1. DAILY AGRI REPORT
21ST DECEMBER 2012
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2. HEADLINES
Chana remains up on strong demand
Chana prices maintained their upward march for the third
straight day and gained Rs 18 per quintal in futures trade as
traders enlarged their positions following upsurge in demand
in the spot market. However, hopes of higher output this year
limited the gain. At the National Commodity and Derivatives
Exchange, chana for delivery in December month gained Rs 18,
or 0.43 per quintal, with an open interest of 3,800 lots.
Trading tip:
Spot jeera steady on dull demand
Buy Chana Jan
On the back of dull demand, jeera price ruled steady.
Above 4065 Moreover trading activities were dull due to the first phase
Assembly Election in Gujarat. Jeera futures, however, declined
TGTS-4090/4130 on profit booking.
SL- 4037
EXPERT OPINION
Sell Soybean Jan STOCK S1 S2 R1 R2
Below 3300 CHANA 4012 3959 4098 4154
RM SEED 4201 4159 4291 4351
TGTS-3270/3240
SOYABEAN 3251 3207 3354 3398
SL-3333 JEERA 15698 15499 16112 16324
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